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Market Snapshot

Median listing price
$150K

The median listing price in Baltimore, MD ZIP 21213 is $150,000 as of June 2026.

Median rent
$1,600/mo

The median market rent in Baltimore, MD ZIP 21213 is $1,600/month as of June 2026.

Days on market
287 days

The median days on market in Baltimore, MD ZIP 21213 is 287 days as of June 2026. The market is currently neutral.

Gross rental yield
12.80%

At a median list price of $150,000 and a median rent of $1,600/month, the gross rental yield in Baltimore, MD ZIP 21213 is 12.80% as of June 2026.

STR vs LTR
$1,288/mo STR · $1,600/mo LTR

In Baltimore, MD ZIP 21213, median Airbnb revenue is $1,288/month compared to median long-term rent of $1,600/month as of June 2026.

Baltimore, MD 21213 Real Estate Market Report

ZIP Code: 21213

Report Date: June 2026

Market Temperature:
NEUTRAL

Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.


Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Analysis Window
90 Days
Total Properties Analyzed
97
Active Listings
53
Sold Properties
44

Market Metrics

Median Listing Price
$150,000
Median Sold Price
$133,000
Median Price per Sqft
$122/sqft

The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.


Rental Market

Median Market Rent
$1,600

Property Taxes

Property Tax Rate
1.49%

Liquidity & Velocity

Median Days on Market
287
Sale-to-List Ratio
100.0%

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.


Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

Price YoY Trend
up
Market Temperature
neutral
Rent YoY Trend
up
Interest Rate Pressure
elevated

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Baltimore, MD 21213 are 6.56%, which is 0.58% higher than the 5.98% average observed earlier in 2026.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.


Key Findings

  1. 133,000 as the median sold price is the primary indicator of market value and recent transaction activity in ZIP 21213, reflecting realized prices rather than asking expectations and suggesting pricing is modestly below the median listing price.
  2. The gap between 150,000 median listing price and the 133,000 median sold price may indicate pricing friction and seller expectations above recently completed transactions; combined with a median days on market of 287, this suggests slower sales velocity and moderate market balance rather than rapid turnover.
  3. Median price per square foot at 122 alongside a median market rent of 1,600 points to relative affordability for investors and renters; with rent year-over-year trend up, rental demand appears supportive of buy-and-hold strategies in the near term.
  4. Market-wide signals show price year-over-year trend up and market temperature neutral, but interest rate pressure is elevated (current 30-year fixed mortgage rates reported at 6.56%), which may constrain buyer purchasing power and slow liquidity despite modest price appreciation.

Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.

Recent Transactions

3409 Crossland Ave, Baltimore, MD 21213
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

5 beds1 baths1,776 sqft
$570,000
Mar 1, 2026
$321/sqft/sqft
364 days on market
2201 Pelham Ave, Baltimore, MD 21213
Premium

Sold above market average

3 beds1 baths2,028 sqft
$429,900
Apr 1, 2026
$212/sqft/sqft
83 days on market
3022 E Federal St, Baltimore, MD 21213
Premium

Sold above market average

4 beds1 baths1,326 sqft
$250,000
Mar 1, 2026
$189/sqft/sqft
101 days on market
3444 Belair Rd, Baltimore, MD 21213
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds2 baths1,428 sqft
$131,000
Apr 1, 2026
$92/sqft/sqft
402 days on market
3555 Elmora Ave, Baltimore, MD 21213
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

4 beds2 baths1,178 sqft
$130,000
Apr 1, 2026
$110/sqft/sqft
334 days on market
3602 Chesterfield Ave, Baltimore, MD 21213
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

4 beds2 baths1,200 sqft
$125,000
Mar 1, 2026
$104/sqft/sqft
116 days on market
1411 Kenhill Ave, Baltimore, MD 21213
Value

Below-market acquisition. Investor purchase with value-add potential through renovation.

4 beds2 baths1,216 sqft
$60,400
Mar 1, 2026
$50/sqft/sqft
23 days on market
1221 N Decker Ave, Baltimore, MD 21213
Value

Sold below market average

- beds1 baths950 sqft
$60,000
Apr 1, 2026
$63/sqft/sqft
2552 days on market

Investment Analysis

Compare rental income potential against ownership costs and benchmark against market averages.

Rent vs Cost to Own

Monthly rental income vs estimated ownership cost

$722/mo
21213 Avg Rent
21213 Cost to Own
Rent$1,600
Own$878

20% down, 6.53% rate, 1.5% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

21213 Avg nightly rate
21213 Avg occupancy (days/year)
Nightly rate$155/night
Occupancy94 of 365 days

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 6/1/2026

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